When Sousan Samadani saw a video about soil degradation, she suddenly knew she would commit everything she had to the cause. Soon she was travelling thousands of miles to raise awareness, skydiving, hitchhiking and cycling Sousan Samadani was watching videos on YouTube one day when she came across a post about how the world’s soil was degrading so rapidly that it was in danger of extinction. The v...
When Sousan Samadani saw a video about soil degradation, she suddenly knew she would commit everything she had to the cause. Soon she was travelling thousands of miles to raise awareness, skydiving, hitchhiking and cycling Sousan Samadani was watching videos on YouTube one day when she came across a post about how the world’s soil was degrading so rapidly that it was in danger of extinction. The video – posted by the Save Soil movement – “was like a shock for me”, Samadani says. “I thought: ‘How is it possible that the soil that gives us food is dying?’” Continue reading...
Aldi Irvan Darmansyah/iStock via Getty Images Performance Review For the three months ending March 31, 2026, the fund's Retail Class shares returned -0.22%, a bit better than the -0.45% result of the benchmark MSCI All Country World Index ex U. S. Small Cap Net MA Linked Index. Importantly, given our focus, long-term performance favors the fund over the benchmark. Like their domestic counterparts,...
Aldi Irvan Darmansyah/iStock via Getty Images Performance Review For the three months ending March 31, 2026, the fund's Retail Class shares returned -0.22%, a bit better than the -0.45% result of the benchmark MSCI All Country World Index ex U. S. Small Cap Net MA Linked Index. Importantly, given our focus, long-term performance favors the fund over the benchmark. Like their domestic counterparts, international small-cap equity markets faced an uptick in volatility during the first quarter, especially in March, as the U. S. and Israel proceeded with bombing Iran. However, the fund's benchmark still finished near break-even, primarily because of stronger performance by broad foreign benchmarks in January and February. This was attributable to more attractive valuations and further broadening of global markets beyond the mega-cap U. S. favorites. Among the major regions and countries within the benchmark, Canada (+7%) delivered the best return during the quarter, followed by Japan (+4%). Emerging markets (-1%) finished a little below break-even, while Asia Pacific ex Japan (-2%), Europe ex U. K. (-4%) and the U. K. (-7%) all had larger losses. Looking at sectors, energy (+25%) led the pack by a wide margin, aided by a roughly 50% rise in the price of crude oil, as measured by per-barrel Brent North Sea Crude. The next-best showings came from utilities (+8%) and information technology (+5%), the latter aided by the semiconductors group (+20%), a beneficiary of the ongoing generative AI infrastructure build-out. At the other extreme, consumer discretionary (-9%) recorded the weakest result for the quarter among the 11 MSCI index sectors. Communication services (-8%) and real estate (-6%) also lagged. Turning to the fund, positioning in emerging markets, especially a sizable underweight in India and stock selection in South Korea, notably bolstered the fund's performance versus the MSCI index. Looking at sectors, picks in consumer discretionary, industrials and financial...
tadamichi Asian equities and U.S. stock futures dropped on Monday as escalating Middle East tensions and surging oil prices reignited global inflation fears, while a tech-led selloff intensified ahead of Nvidia’s critical earnings report later this week. Sentiment weakened further after US President Donald Trump warned that “the clock is ticking” for Iran, amid limited progress in diplomatic effor...
tadamichi Asian equities and U.S. stock futures dropped on Monday as escalating Middle East tensions and surging oil prices reignited global inflation fears, while a tech-led selloff intensified ahead of Nvidia’s critical earnings report later this week. Sentiment weakened further after US President Donald Trump warned that “the clock is ticking” for Iran, amid limited progress in diplomatic efforts to de-escalate Middle East tensions. Gold prices traded below $4,550 an ounce on Monday after tumbling nearly 4% last week. Bitcoin ( BTC-USD ) fell to around $76,000 in mid-May, hitting its lowest level in more than two weeks as uncertainty surrounding the US-Iran war weighed on risk appetite. WTI crude futures rose above $107 per barrel. The benchmark KOSPI rose 0.5% to around 7,525 on Monday, recovering part of a sharp selloff in the previous session. Japan's ( NKY:IND ) fell 0.44% to around 61,000, while the broader Topix Index slipped 0.5% to 3,845. The Japanese yen weakened toward 159 per dollar. China's ( SHCOMP ) rose 0.07% to 4,143, while the Shenzhen Component rose 0.3% to 15,610, and the offshore yuan weakened to around 6.81 per dollar as a series of weak economic data weighed on sentiment. China's economy sharply slowed in April 2026 due to the war in Iran, affecting consumer spending and factory output. Retail sales grew only 0.2%, the weakest since late 2022. Factory output slowed to 4.1%, missing estimates. Business investments dropped by 1.6%. Unemployment edged down to 5.2%. The housing market declined, with new home prices falling 3.5%. Hong Kong ( HSI ) fell 1.09% to 25,640, marking the lowest since April 2026. India ( SENSEX ) fell 0.87% to 74,357, marking its lowest since April 6 and extending the previous session’s losses. The Indian rupee hovered near 96.1 per dollar. Australia ( AS51 ) fell 1.34% to 8,547 in early deals on Monday, marking the second session of losses. The Australian dollar depreciated to around $0.71. In the U.S. on Friday, all th...
(RTTNews) - Bitcoin Depot (BTM), a U.S.-based Bitcoin ATM operator, on Monday said it has filed for Chapter 11 bankruptcy protection to facilitate an orderly wind-down of operations and the sale of its assets.
(RTTNews) - Bitcoin Depot (BTM), a U.S.-based Bitcoin ATM operator, on Monday said it has filed for Chapter 11 bankruptcy protection to facilitate an orderly wind-down of operations and the sale of its assets.
Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent leaders spanning the worlds of business, finance, politics and culture. (Source: Bloomberg)
Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent leaders spanning the worlds of business, finance, politics and culture. (Source: Bloomberg)
Authorities confirmed on Sunday the official results of the first round of the presidential elections in early April, with Keiko Fujimori and Roberto Sánchez advancing to the runoff on June 7. (Image credit: Guadalupe Pardo)
Authorities confirmed on Sunday the official results of the first round of the presidential elections in early April, with Keiko Fujimori and Roberto Sánchez advancing to the runoff on June 7. (Image credit: Guadalupe Pardo)
Good morning . A global bond selloff deepens as the deadlock over the Iran war drives oil prices higher. British corporate takeovers are surging. And one hedge fund holds the keys to Ukraine’s wartime industries. Listen to the day’s top stories . Market Snapshot S&P 500 futures 7,390.25 -0.6% Nasdaq 100 futures 29,070.25 -0.6% Euro $1.16 -0.0% WTI crude oil futures $107.44 +1.9% Market data as of ...
Good morning . A global bond selloff deepens as the deadlock over the Iran war drives oil prices higher. British corporate takeovers are surging. And one hedge fund holds the keys to Ukraine’s wartime industries. Listen to the day’s top stories . Market Snapshot S&P 500 futures 7,390.25 -0.6% Nasdaq 100 futures 29,070.25 -0.6% Euro $1.16 -0.0% WTI crude oil futures $107.44 +1.9% Market data as of 01:48 AM ET. Data is subject to provider delays. A rout in global bonds intensified as the deadlock over the Iran war pushed Brent crude above $111 a barrel and deepened inflation fears . Stocks extended their slide. Donald Trump warned Tehran it was running out of time for a peace deal , with the two sides no closer to an agreement to reopen the Strait of Hormuz. Wes Streeting used his first public appearance since resigning as UK health secretary to make his pitch for a potential leadership bid and called for Britain to return the EU. Andy Burnham, the mayor of Greater Manchester who plans to stand as Labour’s candidate in a June by-election so he can mount a challenge against Keir Starmer, said there was a case for rejoining the bloc . Hedge funds and asset managers piled into bearish sterling option bets last week. The WHO declared the Ebola outbreak in Democratic Republic of Congo and Uganda a public health emergency of international concern, with a rare strain of the virus — for which there is no vaccine — linked to 91 deaths in a spread that may have been undetected for weeks . The lopsided foundations of world growth will command the attention of global finance ministers in Paris in the aftermath of the US-China summit that attempted to reset trade ties between the two biggest economies. The G-7 is being touted by France as a rare forum for Europeans and the US to still have meaningful discussions. Standard Chartered promoted a former banking analyst and critic of the lender , Manus Costello, as its chief financial officer, concluding a months-long search to replace...
(RTTNews) - Life360, Inc. (360.AX, LIFX, LIF) Monday said that its Board of Directors has authorized a multi-year share repurchase program worth $225 million. The program plans to enhance shareholder value by offsetting dilution from stock-based compensation instruments.
(RTTNews) - Life360, Inc. (360.AX, LIFX, LIF) Monday said that its Board of Directors has authorized a multi-year share repurchase program worth $225 million. The program plans to enhance shareholder value by offsetting dilution from stock-based compensation instruments.
dvulikaia/iStock via Getty Images Overview Business development companies continue to face headwinds and the sector has lost much of its appeal. Elevated interest rates increased the risks related to rising non-accruals, compounded by the uncertainty of AI across the software industry. Main Street Capital ( MAIN ) has not been immune to these challenges and the performance has suffered. When I pre...
dvulikaia/iStock via Getty Images Overview Business development companies continue to face headwinds and the sector has lost much of its appeal. Elevated interest rates increased the risks related to rising non-accruals, compounded by the uncertainty of AI across the software industry. Main Street Capital ( MAIN ) has not been immune to these challenges and the performance has suffered. When I previously covered MAIN, I issued a hold rating due to the large premium valuation at the time. Since then, MAIN's share price has declined by nearly 20% despite its internal strengths. This demonstrates that sentiment can be a large driver by itself and it can overshadow the strengths. Looking at the performance over the last twelve months, we can see that MAIN's share price has declined by about 8.75%. Even when including all distributions paid, the total return still sits at a loss of nearly 2% over the same time frame. However, this sort of performance is quite common across the BDC sector right now. While losses are never enjoyable, I am excited about MAIN's pullback because it introduces an opportunity to accumulate. MAIN now trades near the bottom of its 52-week range and I believe this is finally the opportunity we've been waiting for. It is very hard to get quality at a discount but this is the next best thing. Data by YCharts MAIN recently reported its Q1 earnings to kick off its fiscal year 2026, so I wanted to reassess this BDC to provide some updates on its value proposition, earnings, outlook, and risks for the remainder of the year. Despite the poor performance over the last twelve months, I still believe that MAIN is a standout BDC across the sector. After reviewing some of the highlights of the last earnings report, it is clear that management has continued to position itself for growth, while also rewarding shareholders in the process. I believe that MAIN will be able to efficiently grow its NAV in the future, while also improving the health of its portfolio ...
Robotphoenix Intelligent Technology Chairman Sai Zhang shares insights on the company’s debut on the Hong Kong Stock Exchange, a major milestone for one of China’s leading industrial robotics firms. Zhang also discusses its path to profitability amid elevated investor expectations. He speaks with Yvonne Man and Avril Hong on Bloomberg's The China Show. (Source: Bloomberg)
Robotphoenix Intelligent Technology Chairman Sai Zhang shares insights on the company’s debut on the Hong Kong Stock Exchange, a major milestone for one of China’s leading industrial robotics firms. Zhang also discusses its path to profitability amid elevated investor expectations. He speaks with Yvonne Man and Avril Hong on Bloomberg's The China Show. (Source: Bloomberg)
(RTTNews) - Sohu.com (SOHU) reported a first quarter net loss attributable to Sohu.com of $4 million, compared with net income of $182 million, a year ago. Loss per ADS was $0.17 compared to profit of $6.07. Non-GAAP net loss attributable to Sohu.com was $4 million, compared with
(RTTNews) - Sohu.com (SOHU) reported a first quarter net loss attributable to Sohu.com of $4 million, compared with net income of $182 million, a year ago. Loss per ADS was $0.17 compared to profit of $6.07. Non-GAAP net loss attributable to Sohu.com was $4 million, compared with
"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo and Sydney with Shery Ahn and Haidi Stroud-Watts, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets. (Source: Bloomberg)
"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo and Sydney with Shery Ahn and Haidi Stroud-Watts, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets. (Source: Bloomberg)
BNP Paribas APAC Deputy Head of Global Markets Brian McCappin says clients are repositioning their portfolio to focus more on artificial intelligence beneficiaries, driving the outperformance of North Asia markets. He speaks with Yvonne Man and Avril Hong from the sidelines of the BNP Paribas Global EV and Mobility Conference. (Source: Bloomberg)
BNP Paribas APAC Deputy Head of Global Markets Brian McCappin says clients are repositioning their portfolio to focus more on artificial intelligence beneficiaries, driving the outperformance of North Asia markets. He speaks with Yvonne Man and Avril Hong from the sidelines of the BNP Paribas Global EV and Mobility Conference. (Source: Bloomberg)
meshaphoto/iStock via Getty Images PIMCO Enhanced Short Maturity Active Exch Tr ETF ( MINT ), also known by its ticker, as MINT, is assessed in this article. PIMCO structured MINT to provide allocators with a blend of daily liquidity, capital preservation, and income. I assessed the ETF's liquidity dynamics while considering its preservation and income in tandem, where I arrived at the following c...
meshaphoto/iStock via Getty Images PIMCO Enhanced Short Maturity Active Exch Tr ETF ( MINT ), also known by its ticker, as MINT, is assessed in this article. PIMCO structured MINT to provide allocators with a blend of daily liquidity, capital preservation, and income. I assessed the ETF's liquidity dynamics while considering its preservation and income in tandem, where I arrived at the following conclusion: MINT doesn't deliver an all-weather solution to liquidity. However, the vehicle can be used to harvest a liquidity premium and yield-on-cost can be stellar if we harvest liquidity as opposed to relying on it. Let's traverse into the main analysis, where I elaborate on my central statement. What Is MINT ETF Exactly? In PIMCO's own words , MINT: is an actively managed exchange-traded fund (ETF) that seeks maximum current income, consistent with preservation of capital and daily liquidity. MINT will primarily invest in short duration investment grade debt securities. Futures are allowed in the Fund. The average portfolio duration of MINT will vary based on PIMCO’s economic forecasts and active investment process decisions, and will not normally exceed one year. MINT will disclose all portfolio holdings on a daily basis, and will not use options or swaps. Heuristically, the direct quote means that PIMCO engages in the repo lending/borrowing market and allocates cross-sector in fixed-income products with maturities less than one year. It is mandated to use various linear derivatives to achieve its exposure and manage risk. Although it invests internationally, its exposure remains USD-based. The following figure provides quantifies the qualitative factors mentioned in this sub-section – note that sector exposure and duration figures aren't static. Click on Image To Enlarge (PIMCO) As previously mentioned, the ETF holds international exposure, but it still relies on USD-denominated exposure. Moreover, over 50% of the vehicle is concentrated in the USA. I'd also highligh...